Businesses get more time for tax submissions


PETALING JAYA: Businesses affected by the expanded scope of the Sales and Service Tax (SST) can file manual tax submissions for the taxation period between July 1 and Sept 30, says the Finance Ministry.

It said this was because service providers have to upgrade their systems to comply with tax collection regulations.

“Therefore, the government will provide flexibility for manual submissions during this period.

“The service tax must still be imposed and collected during this timeframe,” it said in a statement yesterday.

The ministry added that the Customs Department will also open voluntary early registration for manufacturers.

“Manufacturers who have registered are required to charge and collect the sales tax beginning July 1.

“They are also eligible to apply for exemptions on raw materials used when manufacturing taxable items,” it added.

The ministry also said companies that have received sales tax exemptions through the Malaysian Investment Develop­ment Authority’s (Mida) tax exemption committee before July 1 will continue enjoying tax exemption status, subject to terms and conditions.

However, if a company manufacturing taxable goods after July 1 has exceeded the set threshold, it must become a registered manufacturer and apply for exemption through the MySST portal.

“The Finance Ministry hopes that these measures can assist businesses while helping companies that are affected by the expanded SST scope to comply,” it said.

For further information, it said the public can contact the Customs Department at the following numbers: 03-8323 7406; 03-8323 7407; 03-8323 7409; 03-8323 7412; 03-8323 7414 03-8323 7415; 03-8323 7416; and 03-8323 7417.

They can also contact the Customs hotline at 1-300-888-500.

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Sales and Service Tax (SST)

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